14 Rerewai Place, Tikipunga, Whangārei

High returns, tremendous potential

This fully renovated three-bedroom home presents a golden opportunity for savvy investors or first-home buyers, tucked away at the end of a cul-de-sac down a private driveway. Whether you're looking to grow your investment portfolio or take your first step onto the property ladder, if you're looking to secure a high-performing asset in one of Whangarei's most promising suburbs then this is a must see.

Set on a desirable 709sqm section (more or less), the property has been well modernised offering a light-filled and neutral interior. This home has a very functional and spacious layout which complements the stylish modernised interior, with the kitchen, bathroom and laundry all being recently renovated this is an ideal property with abundant room for a bustling family.

Inside, polished concrete floors and updated flooring flow through a bright, open-plan living area, adorned with vaulted ceilings. With some 38 years of ownership between them it is easy to see why this family have held onto this asset for many generations, being an ideal low-maintenance, lock up and leave property or investment option. For families enjoy great outdoor play space for young children that is secure, fully fenced and has a home that is able to cope with a growing family, plus the fantastic convenience of being in so close to nearby amenities, great off-street parking, and plenty of room for a boat or other toys - everything you need is here.

Currently rented for $610 per week with a fixed-term lease running through until mid-June 2025, this property guarantees an immediate and consistent income stream with tenants keen to stay on. For investors, this is a rare opportunity to capitalise on Tikipunga's impressive annual capital growth, and its average rental yield, which is the highest in the region, and it's clear this is a property poised for strong, long-term returns.

But it's not just the numbers that make this property stand out. Tikipunga offers an unbeatable lifestyle balance, with everything you need right at your doorstep. The local shopping centre, pharmacy, schools, parks, and reserves are all within walking distance plus the picturesque Whangarei Falls and the world-renowned Tutukaka Coast are just a short drive away, providing you with the perfect escape into nature.

This home delivers both immediate rental income and future growth potential. The combination of a solid long-term tenant, a growing location, and a fully renovated home ensures this opportunity won't last long. Don't miss your chance to secure, act quickly - the time to invest is now.